← Research LibraryThe BriefFY2025 ended December 31, 2025 · headline figures audited against SEC data
Profit fell 2% while revenue rose, as credit provisions climbed a third
The read at a glance✓ Audited against SEC data
- Growth — Total net revenue up 3% to $182.4B; net interest income up 3% to $95.4BOK
- Profitability — Net income down 2% to $57.05B; return on common equity 17%, down from 18%Watch
- Balance sheet — Common equity Tier 1 ratio 14.6%, down from 15.7%Watch
- Accounting quality — Standard accounting screens are not applied to banks; allowance coverage 1.83% of retained loans, down from 1.87%Note
- Capital allocation — $16.63B dividends and $31.59B buybacks, against a falling capital ratioNote
- Credit — Provision for credit losses $14.2B, up 33%; net charge-offs $9.8BWatch
What happened
JPMorganChase grew total net revenue 3% to $182.4 billion but net income fell 2% to $57.05 billion. The gap sits almost entirely in credit: the provision for credit losses rose 33% to $14.2 billion. Pre-provision profit was essentially flat, up 1%.
Where the revenue comes from
Fiscal 2025, as JPMORGAN CHASE & CO reports it. History and quarterly detail are in the app.
- Commercial & Investment Bank$78.5B
- Consumer & Community Banking$76.0B
- Asset & Wealth Management$24.1B
Leadership changes
From JPMORGAN CHASE & CO's own filings, the day they're filed.
- Doug Petno · CEO · appointmenteff. 2026-06-25
- Troy Rohrbaugh · CEO · appointmenteff. 2026-06-25
- Todd A. Combs · member · departureeff. 2025-12-07
Latest filings
- 10-Q · Quarterly report2026-08-06
- 8-K · Company announcement2026-07-23
- 8-K · Company announcement2026-07-23
- 8-K · Company announcement2026-07-14
- 8-K · Company announcement2026-07-14
In the full recordFree for 14 days
- The business🔒
- What changed🔒
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- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
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- Company history🔒
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- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
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- Ana — ask about JPMORGAN CHASE & CO, every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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